What Types of Estate Planning Options Should I Consider?
Estate planning is the process of determining how to distribute your property after you die. This is often done with the help of an attorney.
Last Will Testament
The most important part of the plan is your will. Your last will testament ensures that your property will be distributed according to your wishes. It may also name guardians for your minor children.
Trust
Another component of your estate plan is a trust. A trust can help you avoid probate and minimize taxes. It can be revocable or irrevocable. It can be created during your life or upon your death.
Estate Planning Attorney
The amount that you will spend on an estate plan will vary depending on the complexity of your needs. It’s important to find an attorney with experience and ask questions. Some attorneys offer free initial consultations, while others charge a fee. Parklin Law is one of the best Law Firms that offer free consultations.
Inventory
You will need to make an inventory of all your assets and possessions. These can include real estate, vehicles, stocks, and other investments. You will want to tally the fair market value of your items.
Documentation
You will also need to decide who will manage your affairs if you become incapacitated. You will need to document this in an advance health care directive. This will allow you to give clear instructions about medical treatment, pain management, artificial hydration, and other end-of-life procedures.
Power of Attorney
Your estate plan may also include a power of attorney. This will give someone you trust the right to manage your financial affairs if you become unable to do so.
Free consultation from one of the best Law Firms
If you have questions, you can get a free consultation with the Best Estate Planning Lawyers.
Parklin Law – Estate Planning Lawyer
5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618-0699
Parklin Law Official Website
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Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.
When you need a Lawyer, contact this law firm:
Parklin Law
Bountiful, Utah
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Bountiful, Utah
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Mueller Park Trail a popular hiking trail located in Bountiful,Utah
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Location in Davis County and the State of Utah.
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| Coordinates: 40°52′47″N 111°52′18″WCoordinates: 40°52′47″N 111°52′18″W | |
| Country | United States |
| State | Utah |
| County | Davis |
| Settled | September 27, 1847 |
| Incorporated | 1892 |
| Founded by | Perrigrine Sessions |
| Named for | Bountiful (Book of Mormon) |
| Government
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| • Mayor | Kendalynn Harris |
| Area | |
| • Total | 13.22 sq mi (34.23 km2) |
| • Land | 13.19 sq mi (34.17 km2) |
| • Water | 0.02 sq mi (0.06 km2) |
| Elevation | 4,797 ft (1,462 m) |
| Population
(2010)
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| • Total | 42,552 |
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(2019)[3]
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43,981 |
| • Density | 3,333.41/sq mi (1,287.07/km2) |
| Time zone | UTC−7 (MST) |
| • Summer (DST) | UTC−6 (MDT) |
| ZIP code |
84010, 84011
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| Area codes | 385, 801 |
| FIPS code | 49-07690[4] |
| GNIS feature ID | 2409885[2] |
| Website | http://bountifulutah.gov |
Bountiful is a city in Davis County, Utah. As of the 2010 census, the city population was 42,552, a three percent increase over the 2000 figure of 41,301. The city grew rapidly during the suburb growth of the late 1940s, 1950s, and 1960s and was Davis County’s largest city until 1985, when it was surpassed by Layton. Bountiful is Utah’s 15th-largest city.
Although a part of the Ogden–Clearfield metropolitan area, it serves as a bedroom community to Salt Lake City and the surrounding area. However, due to the very narrow entrance into Salt Lake County, roads between the counties often reach near-gridlock traffic during rush hour. The FrontRunner commuter rail has been running since April 2008, and the Legacy Parkway was opened on September 13, 2008. These were built to help alleviate the traffic load on Interstate 15 through the Bountiful area.
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— Macky Douglas (@DoeMacky) December 16, 2022
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